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, signaling the beginning after moment of silence for the victims last friday. it will be observed in newtown, connecticut as well and also by us. . [bell ringing] [moment of silence] . [bell ringing] [moment of silence] [bell ringing] [moment of silence] [bell ringing] [moment of silence] [bell ringing] [moment of silence] [bell ringing] [moment of silence] [bell ringing] >> the bell that you're hearing right now, will ring 26 times and it's the bell in newtown, connecticut memorializing the 26 victims who died exactly one week ago and there was also a moment of silence there at the new york stock exchange and the nasdaq, all right. trading has now begun this friday morning. stock prices way, way down. let's check the big board, very, very early going in just a couple of minutes into the session and down 62 points and probably heading a lot lower than that. plan b, as we called it, is history. there is an increase, a very sharply increased chance of all of us going over that fiscal cliff come january the 1st. that would mean spending cuts and much higher taxes are on the way immediately dow
's sporting goods saying it will remove all guns from its stores near newtown, connecticut, and it is suspending sales of certain types of semiautomatic rifles from its stores all across the country. nicole, where are the shares of dick's? nicole: the nation is in mourning and this is dick's obviously showing some respect to the folks over in newtown, connecticut. the stock is up 1.5%. as you noted they said that at this time they are going to remove all semiautomatic rifles from the chains nationwide. they are better known as modern sporting rifles. there were some reports that this morning if you went on the website, you would get a blank page. questionable how long they will continue to hold off sales on this particular type of weapon, but obviously all of this in response to what we saw in connecticut. stuart: yes, it is, nicole. all right, company, we got reports this morning from all across the country, colorado, ohio, of record applications for guns on saturday, the very day after this awful event in connecticut. i'm reporting this as a fact. it reflects very interes
will do the most to prevent another tragedy like newtown, compare that to a little more than a quarter of us who think that stricter gun cell laws will do that joining us is scott rasmussen from rasmussen reports who conducted that poll. i'm surprised, i would have thought that with all of this talk about got to get rid of assault weapons, that would be the number one choice of prevention by most americans, but that's not the case. tell us about it. >> yeah, first of all, 86% do think that we need to do more to identify and treatment mental illnesses and part that have comes from the fact that we look at an incident like this and your reaction is nobody in their right mind could have done it, there's a problem there. 49% seem to think we need to eliminate violence on movies and video games. and those that want gun support laws that's the highest measure, two points higher than the horror at virginia tech five years ago, if you put it together. people want to see something done. they are frustrated, but at the same time, they're pretty pragmatic, only 20% believe it's possible to preven
's mood is somber this morning, the country is in mourning following the events friday in newtown, connecticut, father jonathan morris on that next. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine en brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps blocktomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. >> all right. a lot depends for the trading session this week on any headlines that come out of these fiscal cliff negotiations. you can expect headlines to move this market. this morning, we don't have a real market moving headline. we've reported that speaker boehn boehner has offered a deal which includes higher ta
in newtown, connecticut sales are way up. he will be on the show next. stuart: the final week of the year, usually this is a boom town for charities. people make their contributions to save on taxes and they do those contributions right now. there has been talk that a charitable deduction could be eliminated or restricted. our next guest says that would be a terrible idea. the former chairman of the new york faith council on the arts, welcome to the program. good to have you with us. >> how are you today? stuart: pretty good. if you get a restriction on the charitable tax deduction or it is eliminated i understand charitable contributions would probably o down. i can see that happening but doesn't that imply that the whole reason for giving to charity is to get a tax break as opposed to supporting the good that the charity does? >> that is a misnomer. so many people think we are giving something to the ridge and the wealthy by giving them a tax break. firstly, the charitable sector is $1.9 trillion industry, 5.5% to 6% of our economy, charitable organizations like the salvation army, the
. >> part of it is hurricane sandy and part of it's the tragedy from newtown, connecticut. david: people are afraid to go out and shop? >> they're not in the mood. one quote in an article talk people think it's better to spend time with family. shopper tracker is finding that people shopping for the week that ended december 15th down 4.3%. overall they've adjusted what they think the holiday seen will be. and they've adjusted that it will be a growth of 2.5%. and thought it would be 3.3%. national retail federation is keeping their prediction of growth 4.1%. real quick, i don't know if we have the graphic available. if you invest in retailer, boy have the on-line retailers done gang busters and even the shopper track survey even on-line wasn't performing as well as last year. overall this year for shopping, the on-line stock is doing much better. >> meanwhile, j.c. penney can we put up the stock chart, intraday what it's doing? it's up almost # 4% today. does that surprise you? >> the brick and mortar retailers are up for the year. the on-line retailer, theirs is up. and once again, amaz
. the president of cerberus, his father lives in newtown, connecticut on friday, this coming friday, the n.r.a. says it will hold a news conference to provide, quote, meaningful contributions to the gun debate. big reaction to the gun industry. and then there's this. richard trumka and organized llbor may get their way on taxes, spending and debt. and the fiscal cliff deal that's now shaping up looks a lot like the trumka plan. we will bring you that, the opening bell and facebook stock and general motors in the news, all of it after this. [ malennouncer ] this is steve. he loves risk. but whether he's climbing everest,t, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a coany that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't rocket science. excuse me, sir i'm gonna have to ask you to power down your little word game
Search Results 0 to 6 of about 7